Cube System Inc.
Notice of Share Transfer of Shanghai Qubo Information System Co., Ltd.
Board resolution to transfer all shares of the consolidated subsidiary Shanghai Qubo Information System Co., Ltd. to Komatsu Business Service Co., Ltd. After completion, Shanghai Cube will be excluded from the group as a consolidated subsidiary. Transfer price is non-disclosed. Impact on future performance is expected to be minor.
Key Figures
- Transfer execution date: End of September 2026
- Transfer price: Non-disclosed
- Post-exclusion consolidated subsidiary status: Shanghai Qubo Information System Co., Ltd. is excluded from consolidation
AI要約
Overview
We announced the board decision to transfer all shares of Shanghai Qubo Information System Co., Ltd. to Komatsu Business Service Co., Ltd., after which Shanghai Cube will be excluded from the consolidated subsidiary. The transfer is planned to be completed by end-September 2026, subject to regulatory approvals.
Impact and Outlook
Financial impact from the transfer is expected to be minimal, and the transfer price is non-disclosed. We will promptly disclose any new information, such as revisions to earnings guidance, as it becomes available. The transfer is intended to optimize the business portfolio and improve resource allocation.
Cube System Co., Ltd.
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